Applied Materials Announces Cash Dividend
June 10 2025 - 3:05PM
Applied Materials, Inc. today announced that its Board of Directors
has approved a quarterly cash dividend of $0.46 per share payable
on the company’s common stock. The dividend is payable on Sept. 11,
2025 to shareholders of record as of Aug. 21, 2025.
The cash dividend is a key component of Applied’s capital
allocation strategy. In March 2025, Applied announced a 15-percent
increase in the quarterly dividend per share, from $0.40 to $0.46,
marking eight consecutive years of dividend increases. Over the
past 10 fiscal years through 2024, the company has increased its
dividend per share at a compound annual growth rate of
approximately 15 percent and distributed nearly 90 percent of free
cash flow to shareholders.
In the second quarter of fiscal 2025, Applied distributed nearly
$2.0 billion to shareholders through dividends and share
repurchases. The company had approximately $15.9 billion remaining
in its share repurchase authorization at the end of the period.
Forward-Looking Statements This press release
may contain forward-looking statements, express or implied,
regarding future rates of cash dividends and our share repurchase
program. While we expect to continue to pay dividends in the
future, the declaration of any future dividends or dividends at any
particular rate is subject to the discretion of the Board of
Directors and will depend on our financial condition, results of
operations, capital requirements, business conditions and other
factors, as well as a determination by the Board of Directors that
dividends are in the best interests of our stockholders. The timing
and amount of share repurchases will depend on market conditions,
our other funding requirements and other considerations. Additional
factors that could cause actual results to differ materially from
those expressed or implied by such statements are described in
our SEC filings, including our recent Forms 10-K, 10-Q
and 8-K. All forward-looking statements are based on
management’s current estimates, projections and assumptions, and we
assume no obligation to update them.
Use of Non-GAAP Financial MeasureFor
reconciliation of the GAAP to non-GAAP financial measure related to
free cash flow, see non-GAAP reconciliation materials on the
Investor Relations website at ir.appliedmaterials.com.
About Applied MaterialsApplied Materials, Inc.
(Nasdaq: AMAT) is the leader in materials engineering solutions
used to produce virtually every new chip and advanced display in
the world. Our expertise in modifying materials at atomic levels
and on an industrial scale enables customers to transform
possibilities into reality. At Applied Materials, our innovations
make possible a better future. Learn more at
www.appliedmaterials.com.
Contact:Ricky Gradwohl (editorial/media)
408.235.4676Liz Morali (financial community) 408.986.7977
Applied Materials (NASDAQ:AMAT)
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